Viva Wine Group Dividend
Dividend criteria checks 2/6
Viva Wine Group is a dividend paying company with a current yield of 4.08%. Next payment date is on 30th May, 2024 with an ex-dividend date of 24th May, 2024.
Key information
4.1%
Dividend yield
130%
Payout ratio
| Industry average yield | 2.3% |
| Next dividend pay date | 30 May 24 |
| Ex dividend date | 24 May 24 |
| Dividend per share | n/a |
| Earnings per share | kr1.19 |
| Dividend yield forecast in 3Y | 7.2% |
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: Whilst dividend payments have been stable, VIVA has been paying a dividend for less than 10 years.
Growing Dividend: VIVA's dividend payments have increased, but the company has only paid a dividend for 2 years.
Dividend Yield vs Market
| Viva Wine Group Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (VIVA) | 4.1% |
| Market Bottom 25% (SE) | 1.6% |
| Market Top 25% (SE) | 4.4% |
| Industry Average (Beverage) | 2.3% |
| Analyst forecast in 3 Years (VIVA) | 7.2% |
Notable Dividend: VIVA's dividend (4.08%) is higher than the bottom 25% of dividend payers in the Swedish market (1.6%).
High Dividend: VIVA's dividend (4.08%) is low compared to the top 25% of dividend payers in the Swedish market (4.29%).
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (129.9%), VIVA's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: At its current cash payout ratio (76.5%), VIVA's dividend payments are covered by cash flows.